Quarterly ResultApr 29, 2026, 08:02 AM
GD Q1 Revenue $13.5B (+10.3%); Diluted EPS $4.10 (+12%)
AI Summary
General Dynamics reported strong first-quarter 2026 financial results, with revenue increasing 10.3% to $13.5 billion and diluted EPS rising 12% to $4.10. All four segments contributed to revenue growth, and the company generated $2.2 billion in cash from operating activities. Orders totaled $26.6 billion, resulting in a consolidated book-to-bill ratio of 2-to-1.
Key Highlights
- Q1 2026 Revenue: $13.5 billion, up 10.3% from year-ago quarter.
- Q1 2026 Diluted EPS: $4.10, up 12% from year-ago quarter.
- Net cash provided by operating activities: $2.2 billion, 192% of net earnings.
- Consolidated book-to-bill ratio: 2-to-1, with defense segments at 2.2-to-1.
- Total estimated contract value: $188.4 billion, including $130.8 billion in backlog.
- Marine Systems revenue: $4.343 billion, up 21.0% YoY.
- Aerospace revenue: $3.279 billion, up 8.4% YoY.